Forex Knowledge 27 FEB 2014 currency Report.

Forex Knowledge 27 FEB 2014 currency Report.

EUR/USD
Risk reward: 2.06
Trend: Strong Down
Sell at 1.3690 SL 1.3722 TP 1.3624

USD/JPY
Risk reward: 1.41
Trend: Up
Buy at 102.32 SL 102.00 TP 102.77

GBP/USD
Risk reward: 2.34
Trend: Strong Down
Sell at 1.6672 SL 1.6704 TP 1.6597

USD/CHF
Risk reward: 1.97
Trend: Up
Buy at 0.8899 SL 0.8867 TP 0.8962

The current support/resistance levels are:
EUR/USD 1.3620, 1.3595, 1.3554 – 1.3760, 1.3785, 1.3826
USD/JPY 101.77, 101.60, 101.32 – 102.87, 103.04, 103.32
GBP/USD 1.6592, 1.6563, 1.6517 – 1.6752, 1.6781, 1.6827
USD/CHF 0.8828, 0.8804, 0.8765 – 0.8970, 0.8994, 0.9033